CD and IRA CD
|Opening Balance Requirement||$100*||$2,000||$1,000|
Interest paid monthly with $1,000 in the account each day
$1,000 - $9,999
$10,000 - 49,999
$50,000 - $99,999
$100,000 - $249,999
$250,000 and over
|Maintenance Charge||Penalty for early withdrawal|
|Benefits||Interest paid on all balances||Fixed interest rates for the term||Liquidity and convenience|
*Full-time students and minors require a $25 opening balance.
Health Savings Account
A health savings account (HSA) is designed to help you save for medical expenses (and complements a high-deductible health insurance plan). However, there are limits, and the accounts are subject to IRS rules and regulations. Think of an HSA as an IRA for offsetting qualified medical expenses, because all contributions and withdrawals may be tax-free. If you are an employer or an employee with a high-deductible health plan, you may qualify.
This account offers the same benefits as Choice Checking plus automated tax reporting. It also offers:
Stop by or call one of our Relationship Bankers for information on how you can cut your healthcare costs by using pre-tax dollars, and gain more control over how you spend and invest your medical funds.
If you would like to open an account, please click here.
** Subject to IRS rules and regulations